Tag: 525 Ferry Road

Demolition Starts of Former Deutsche Bank House at Crewe Toll

256 New Low-Carbon Homes and Commercial Space to be Created at Ferry Road Site – Construction Starts Summer 2025

Regeneration specialist Artisan Real Estate is progressing with the demolition of the former Deutsche Bank House at 525 Ferry Road, Edinburgh, making way for a spectacular homes-led redevelopment of the site. 

Planning approval was granted in March 2024 for Artisan together with fund manager REInvest Asset Management S.A. to create a low-carbon residential community on the vacant site near the Crewe Toll roundabout in the northwest of the city centre.

Known as ‘525 Park View’, the new neighbourhood will provide 256 sustainable homes, 25% of which will be for affordable housing.

Flexible commercial space facing on to Ferry Road will provide potential for cafes, shops and shared workspaces.

The 110,000 sq. ft Deutsch Bank House was an office and data-processing centre and was formerly the Scottish base for State Street Bank until the building was vacated in 2018. The phased demolition programme, led by specialist contractor Metropolitan Demolition Ltd, will last up to six months before construction of 525 Park View begins in summer 2025.

Welcoming the start of demolition, Artisan’s Regional Director for Scotland, David Westwater, said: “This is a hugely exciting opportunity to breathe new life into an underused site, whilst ensuring its long-term future by delivering a new sustainable community to an accessible city centre location, underlining Artisan’s long-term commitment to future investment in Edinburgh.

“We have a long-standing working relationship with our specialist demolition contractor who have significant UK-wide experience of carrying out complex demolition programmes in sensitive city centre areas. Priority will be given to ensuring minimal disruption to both our immediate residential neighbours and the surrounding business community.”

He added: “As a regeneration specialist, Artisan has an established track record in transforming sensitive urban spaces into vibrant living environments. As part of our award-winning commitment to sustainability, we will ensure that as much material as possible from the demolition will be recycled on site and used for the new development.

“To this end, we are forging an innovative partnership with Edinburgh-based social enterprise EALA Impacts to help manage the salvaging and reusing of materials from the existing building.”

Designed by Edinburgh-based 7N Architects, 525 Park View will raise the bar for sustainable city-centre living. More than two thirds of the development area will be made up of high-quality green spaces – including a large central communal garden as well as biodiverse green roofs and a ‘wetland’ area which enhances local ecology whilst contributing to the wider sustainable urban drainage system.

Smart technology such as individual air source heat pumps for each home also means no fossil fuels will be used, emphasising Artisan’s commitment to sustainable low carbon development and delivering low energy costs for occupiers. Artisan Real Estate has a strong track record in delivering complex residential and mixed-use regeneration projects in sensitive city centre environments across the UK and won the inaugural ‘Excellence in Sustainability’ award at last year’s Scottish Homes Awards.  

Development partner REInvest Asset Management S.A. was founded in Luxembourg as a specialist for future-facing investment ideas and currently manages and develops properties across Europe with a value in excess of EUR 2.3 billion. 525 Park View is held in a progressive property fund within a pan-European portfolio managed on behalf of a German insurance group.

For more information and to register interest in 525 Park View visit:

 www.525parkview.co.uk

Developer gets green light to progress Crewe Toll Deutsche Bank site

Artisan Real Estate is set to progress with the ‘spectacular’ homes-led redevelopment of one of Edinburgh city centre’s largest potential development sites following planning approval by The City of Edinburgh Council (CEC). Councillors at CEC’s Development Sub Committee on Wednesday (13 March) were ‘minded to grant’ consent for 256 low-carbon homes and commercial space at 525 Ferry Road. 

Artisan’s Section 75 Education contribution was voted through in line with the planning officers’ recommendation.

Regeneration specialist Artisan Real Estate, together with fund manager REInvest Asset Management S.A., will now take forward their ambitious plans to redevelop the former Deutsche Bank House at 525 Ferry Road, Edinburgh, near the Crewe Toll roundabout.

The developers are set to transform the vacant site, to be known as ‘525 Park View’, into a new residential neighbourhood providing 256 sustainable homes, 25% of which will be for affordable housing. Flexible commercial space facing on to Ferry Road will provide potential for cafes, shops and shared workspaces.

Designed by Edinburgh-based 7N Architects, the proposals will dramatically raise the bar for sustainable city-centre living. More than two thirds of the development area will be made up of high-quality green spaces – including a large central communal garden as well as biodiverse green roofs and a ‘wetland’ area which enhances local ecology whilst contributing to the wider sustainable urban drainage system.

Smart technology such as individual air source heat pumps for each home also means no fossil fuels will be used, underlining the Artisan’s commitment to sustainable low carbon development and delivering low energy costs for occupiers.

The planning approval follows a comprehensive 14-month consultation programme, with the developers working closely with local community and wider city interests to ensure maximum benefit for both the local area and Edinburgh as a whole. 

Welcoming the 525 Park View planning approval, Artisan Real Estate’s ’s Regional Director for Scotland, David Westwater, said: “This is a hugely exciting opportunity to breathe new life into an underused site, whilst ensuring its long-term future by bringing a new sustainable community to an accessible city centre location.

“Following the consultation feedback, we have worked hard to make this development not just the right fit for the site but also an integral part of the wider city centre area. We have reduced the heights of the building from nine to seven storeys and ensured the overall architectural design and materials respect  local and historical contexts.”

He added: “We are also fully aware that we have the responsibility to ensure that our developments exceed all current environmental standards, setting new benchmarks for smart, sustainable living whilst providing a high quality of internal and external space.

“Our proposals have been guided by low-carbon design and encompass a mix of apartment sizes and layouts, led mainly by residential as well as much-needed affordable housing and other complementary commercial uses.”

Artisan Real Estate has a strong track record in delivering complex residential and mixed-use regeneration projects in sensitive city centre environments across the UK, and in 2023 won the inaugural ‘Excellence in Sustainability’ award at the 2023 Scottish Homes Awards.  

Development partner REInvest Asset Management S.A. was founded in Luxembourg as a specialist for future-facing investment ideas and currently manages and develops properties across Europe with a value in excess of EUR 2.3 billion.

525 Park View is held in a progressive property fund within a pan-European portfolio managed on behalf of a German insurance group. 

Thomas Merkes, Head of Asset Management at REInvest Asset Management S.A. added: “Our joint venture partnership with Artisan represents a major step forward in providing an innovative and collaborative mixed-use development solution to unlock the potential for this significant city centre site, which is set to create a genuinely transformational development in an accessible city centre location.

“The planning approval for this complex site demonstrates how we can make a positive contribution to the local area, bringing investment, life and excitement back to this important part of the city.”

Consultation launches for homes-led redevelopment of former Deutsche Bank offices at Crewe Toll

A public consultation for the homes-led redevelopment of one of Edinburgh city centre’s largest potential development sites is to be launched later this month. 

Regeneration specialists Artisan Real Estate has formed a joint venture company with fund manager REInvest Asset Management to redevelop the former Deutsche Bank House at 525 Ferry Road, Edinburgh, near the Crewe Toll roundabout. 

The office and data-processing centre was formerly the Scottish base for State Street Bank until the building was vacated by the bank in 2018.  

Over recent years the building has housed a number of charities including EVOC, SHE Scotland and People Know How.

Consultation for the site, to be known as 525 Park View, will begin with a drop-in public meeting on Saturday 28 October, at Fetlor Youth Club on Crewe Road South, between 12 noon and 4 pm.

The open session will allow members of the local community to meet the design team behind the proposed project, which includes Edinburgh-based 7N Architects.  

Follow-up design workshops are also planned before the end of the year, with a full presentation of the final scheme, ahead of any planning submission, anticipated for early 2023.

A project website www.525parkview.co.uk has been set up to provide more details of the project proposals and the ongoing consultation process. All presentation boards will be published on the website within 48 hours of each event, with an opportunity to comment and feedback. 

Welcoming the consultation launch, Artisan’s Regional Director for Scotland, David Westwater, said: “This is an exciting opportunity to create a long-term sustainable future for what is a predominantly redundant building and bringing a new community to an accessible city centre site. 

“Our initial ideas will be guided by sustainability and low-carbon design and encompass a mix of development, led mainly by residential as well as much-needed affordable housing and ancillary commercial uses.” 

Artisan Real Estate has a strong track record in delivering complex residential and mixed-use regeneration projects in sensitive city centre environments across the UK.  This includes the award-winning “New Waverley” in Edinburgh’s Old Town and the current Rowanbank Gardens homes development to the west of the city, described as a ‘spectacular blueprint for low carbon living’. 

REInvest Asset Management was founded in Luxembourg as a specialist for future-facing investment ideas and currently manages and develops properties across Europe with a value in excess of EUR 2.3 billion. 525 Park View is held in a progressive property fund within a pan-European portfolio managed on behalf of a German insurance group. 

Thomas Merkes, Head of Asset Management at REInvest Asset Management added: “Our joint venture partnership with Artisan represents a major step forward in providing an innovative and collaborative mixed-use development solution to unlock the potential for this significant city centre site, which is set to create a genuinely transformational development in an accessible city centre location. 

“We are looking forward to the launch of the consultation which will provide the perfect platform to show how we can make a positive contribution to the local area, bringing investment, life and excitement back to this important part of the Capital.” 

For more information on Artisan Real Estate visit: www.artisanrealestate.co.uk. 

For more information on REInvest Asset Management, visit: www.reinvest-am.lu/en 

Two opportunities in one on March 11: Funding Fair and Open House

EVOC is hosting a Funding Fair on the 11th March 2020. The event is free and open to organisations of all sizes.

The half-day will include:

– Stalls from funding providers across Scotland and the UK providing information and advice on their opportunities

– 10 minute Funding surgeries with a select number of funders – perfect if you have a specific project in mind as you’ll have the opportunity for a more in-depth chat.

– Free Training session from The Robertson Trust on writing grant applications.

– Free Training session from The Charity Bank on social investment – if you want to know more about how loans to charities and social enterprises work, this is for you!

– Get to know your local Third Sector Interface: EVOC, Volunteer Edinburgh, and Edinburgh Social Enterprise will be there to let you know what support is available to your organisation

– An opportunity to network and meet other trustees and voluntary sector colleagues from across Edinburgh!

Funders confirmed so far:

– Bank of Scotland Foundation

– BBC Children in Need

– Cattanach Trust – stand and surgeries

– Charity Bank – Stand and free training session

– Community Shares Scotland – stand and surgeries

– Corra Foundation

– Edinburgh University: Edinburgh Local grants

– Firstport

– Funding Scotland

– National Lottery Community Fund – stand and surgeries

– Paths for All

– RBS Social & Community Capital

– Robertson Trust – Free training session.

Please note: Sign up for training and funding surgeries will be on the day on a first come basis.

Spaces are limited so please arrive on time if you wish to guarantee a place!

https://www.eventbrite.co.uk/e/edinburgh-funding-fair-tickets-88675385465

Also on the day: Are you looking for office, studio or desk space? During your visit to 525 Ferry Road, why not pop in to People Know How’s Open House?

They will be hosting tours and providing information about the building, a modern 100,000 sq foot office building with open plan and single unit studio spaces available now.

https://open-house-525-ferry-road.eventbrite.co.uk